Following a session under selling pressure at the 1,700-point resistance level, the stock market opened the October 30 session in the green, recovering with low liquidity and high divergence. The VN-Index then faced stronger downward adjustments in the afternoon session, closing down 16.26 points (-0.96%) at 1,669.57 points. Foreign trading activity remained a negative factor, with net selling reaching 1,210 billion VND across the market.
Securities companies’ proprietary trading desks resumed net buying of 82 billion VND on HOSE.
Specifically, VHM and MBB saw net buying of 108 billion VND and 42 billion VND, respectively. They were followed by KDH (39 billion VND), NLG (38 billion VND), CTG (20 billion VND), CTD (16 billion VND), GEX (14 billion VND), VIX (11 billion VND), SSI (9 billion VND), and BSR (7 billion VND), all of which were heavily purchased by securities companies’ trading desks.
Conversely, the strongest net selling by securities companies was observed in DGC, with a value of -54 billion VND, followed by MWG (-41 billion VND), VIC (-32 billion VND), GMD (-29 billion VND), and STB (-20 billion VND). Other stocks also recorded significant net selling, including VNM (-18 billion VND), HDB (-15 billion VND), LPB (-13 billion VND), MSN (-13 billion VND), and VTP (-11 billion VND).
Stock Market on October 31: Unpredictable Volatility?
Following a 16-point drop on October 30th, VCBS Securities has advised investors to closely monitor market fluctuations to strategically adjust their stock portfolios and seize timely opportunities.
October 30th Stock Market: Capital Flows Towards Stocks with Positive News
Stock market predictions for October 30th indicate a shift in focus towards stocks with strong financial performance. Investors are expected to channel their funds into companies demonstrating robust business results.
Surprising Rally: Stocks Defy the Odds with “Green and Purple” Gains Amid VN-Index’s Sharp Decline
The surge in oil and gas stocks followed the government’s issuance of a resolution addressing challenges and bottlenecks in the approval process for key aspects of petroleum operations.
Foreign Investors Continue Net Selling Streak, Exceeding Half a Trillion VND, While Aggressively Accumulating a Single Stock on October 31st Session
Foreign investors heavily offloaded shares in the Vingroup duo, VIC and VHM, with a total value of 419 billion VND.
Q3 Brokerage Segment Gross Profit Surges to VND 2 Trillion: Profit Margins Hit 4-Year High
In Q3, brokerage commissions in the securities sector reached their highest level in 14 quarters, surpassing the peak seen during the 2021 retail investor boom.
